The Real impact of AI on the economy: an in-depth analysis

22.7.24

$400 billion. This is the amount invested in AI R&D in 2023 by giants such as Alphabet, Amazon, Apple, Meta, and Microsoft. But what is the concrete impact of AI on our economy? Despite all the hype and high expectations, the actual adoption and impact of AI on business productivity remain limited. According to The Economist, in the United States, only 5% of companies have used AI in the past two weeks. Stock indices tracking companies adopting AI do not show significant outperformance, indicating that investors do not see immediate additional profit prospects. Macroeconomic indicators also do not show a rise in productivity.

Even roles potentially vulnerable to AI, such as office professions, have not seen a notable reduction. The problem lies in the use of generic tools that do not meet the specific needs of businesses. This is where customized AI solutions come into play.

Census Bureau; The Economist

The Missing Link: Customized AI Solutions

The widespread adoption of AI is hindered by the use of generic tools that do not meet the specific needs of businesses. Customized AI solutions, like those offered by Ubby, can bridge this gap by providing tailored AI assistants designed to adapt to each company's environment and data.

Key Benefits of Ubby:

  • Task Automation: Streamlines workflows by handling routine tasks, allowing teams to focus on strategic initiatives.
  • Intelligent Search: Quickly accesses relevant information, reducing search time and increasing efficiency.
  • Integration and Security: Works with over 25 popular business tools, ensuring data confidentiality and GDPR compliance.
  • Customized AI Agents: Designed for specific functions within your organization, from HR to customer support to marketing.

Ubby offers a glimpse into the future of AI adoption, where tailored, secure, and integrated AI solutions drive real productivity gains. It’s not just about having AI; it’s about having the right AI for the right job.

Embrace the Future with Ubby

Transform your business with Ubby and discover the true potential of AI to improve productivity and efficiency. Ready to take the leap? Contact us today to learn more.

References:

  • What happened to the artificial-intelligence revolution? - The Economist

Key Points:

  • Significant investments in AI by major tech companies.
  • Limited impact of AI on actual business productivity.
  • Importance of customized AI solutions like Ubby for real productivity gains.
  • Features of Ubby: task automation, intelligent search, integration and security, and customized AI agents.

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